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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Dec. 11, 1908)
THE 3IORXTXG OREGOXIAX; FRIDAY,- DECEMBER 11, - 1W9. Portland's Best Display Of Fine Leather Goods Grand Xmas Sale of Mirrors 3QOO Beautiful Triplicate, Hand, , Dressing and Bonnet Mirrors at One-Fourth Off Regular Prices Framed PictureSale Combination Fruit and Game Pictures Reg. $4, Now $1.69 At 25c Each The line of Christmas Leathers this year is unsurpassed. New ideas in Leather Goods of all kinds. For the Worrien: Exr-ellent showing; of netv and nobby shapes in fancy and plain Hand bags, Novelty Purses,. Music Kolls, Music Baps, gold and silver-link Purses, Mesh Purses; swell pig-skin Bags, new and modern designs; irrrported Card Cases, in dainty shades; Back Strap Purses, in all the new shades and leathers. For the Men: Exquisite line of Letter and Bill Books, Traveling Cases, fitted com plete; Cijrnr Cases, Cigarette Cases, Suitcases, Handbags, Bill Rolls, Coin Parses, Flasks, Traveling Clocks, Auto Baskets, Collar and Cuff Cases, Collar Bags. All shades of leathers, and prices to suit all, Hand-Polished Alligator Bags A handsome line prices 2;jc to .$50.00. New Umbrellas Exclusive Handles A tine display, at $1.00 to .$20.00. Agents Cross English Leathers and Gloves All Leathers Engraved in Gold Free Imported Belts, Buckles, Muff Purses For the Holidays we inaugurate the biggest mirror sale that has ever been offered in Portland, and at the lowest prices. There is a fine assortment of 3000 handsome mirrors, including triplicate mirrors, hand mirrors, dressing mirrors and bonnet mirrors, natural and imitation woods, and all kinds of styles, sizes and shapes all being the latest and what is new in mirrors. The entire large stock goes now at ONE-FOURTH OFF REGULAR PRICES $8 Dressing and Shaving Mirrors $4.32 An exceptionally choice showing of very fine Shaving and Dressing Mirrors, in genuine rosewrood, birdseye maple and natural ebony frames, in oval and square shapes. These mirrors sell ordinarily up to $8.00, and For a Christmas Special We Offer Them at $4.32 Ea. f mm Ww""" "JsT -"'wr'tWW" W(Mk Facsimile carbons. framed in one-inch black or brown frames, a large variety of up-to-date sub jects to select from. Little im ported French prints, in black and white, neatly matted in -inch brown frames; size. 8 by 11 Inches. The new series of Christy pictures, mounted in soft brown mounts. U-inch frame: size. 7 by 9 inches; values up to 75c, for 25c. At 39c Each New oval frames, complete with plass and back; sizes, cabinet to 10 by 12; black or gold frames; values to $1.00, now 39c each. At 50c Each Plain photogravures, framed in 1-inch Bold mouldings, with fancy corner ornaments, an endless va riety of subjects; size. 11- by 14 Inches. Genuine carbon reproduc tions of old masters, framed in new style brown moulding; size, 7 by 9 inches. The ever-popular "Cu pid." awake and asleep, in colors, framed in 2-inch gold mouldings, fancy corner ornaments: size. 6 by 8 inches; values $1.-5 for 50c. At 75c Each Imported OarbonHtrs, framed fn l-inrh rounil Circassian walnut moulding; over 40 sunjocts: size. 6 by 8 indies; a, govd value at $1.50, now 75c. At $1 Each Handsome Phmosrapta Frames, with three or four openings. Cxipid. asleep or awake, hi single or combination frames. "Reethorn Son a (us. New Colonial Mirrors. iemiine Ktehines. Imported French prints in black and white. All these pictures framed prop erly and tastefully; the values are $2.-5; now $1.00. $4 Framed Pictures $1.69 Without a doubt the best picture values ever offered, of all now and clear pictures a large variety of subjects, including fruit, landscape, marine and animal pictures all framed in the latest moldings. These Are Not Sample Pictures, But All New WE FRAME PICTURES ARTISTICALLY 0. P. NOT HARD HIT Only Slight Decrease in Earn ings for Year. ECONOMY IN OPERATION Harrlman Says Bnslness Increased Before Panic Faster - Than It Could Be' Handled Fat Sur plus For Dividends. NEW YORK. Dec. 10. The (central business degression which set in during: the Fall of 1507 resulted In a reduction In the tcTOsn revenues of the Union Pa cific and Its auxiliaries of only thirty- five one-hundredths of one per cent, according to a statement In Prcsldnt K. H. Harrimau's annual report, which was maue public today. From January 1 'until June 30. 190N, there was a de crease of J4.125.01S, but as there was en Increase of 13.883. K45 In the cross revenue during the 'first half of the year, there was a shrinkage In the yearns, jrross revenue of only $269,373. Against the increase In gross reve ue durlntr the first six months there was an Increase of 11, 59.1.357 In operat ing expenses, while during the six muntns ending June 30. the operating xpense3 were reduced $3.4;2.oS4. Great Northern preferred holdings .have decreased J9,072,3t;o. I'Hnols Centra Increased Jl.iiOO.010, nd Northern Pacific decreased $4,040 Business Grew Too Fast. Mr. Harriman says the increase In expenses durlr.fr the first half of the year resulted from the expenses lnci lent to the -rreater amount of traffic moved. which4 in the preceding year "hed already proportions where it ex ceeded the limit of handling it econ -mIcally, from the greater cost of fuel nd other material, from the higher nago schedules and from the expenses of rebuilding bridges and restoring to its former standard the roadwav dam eged by the disastrous floods sjid heavy snowstorms of the Spring of 1907." Surplus Over Dividends. The gross operating revenues for the ear amounted to 176,039.2:4, a de crease of $269,373. as compared with the previous year. After the payment f ali fixed charges there remained a suiplus for the year of $19,699,708. decrease of $5,Oo7,0sl. The Income from other than transportation, opera tions during the year amounted to J 15.019.6S 1. an increase of $4,549,560. leaving a surplus after payment of dividends of J45S.133. The table of assets and liabilities fiiw3 demand loans of the Southern Pacific Company to the amount of $45.376. IS9, which compares with $3, 000.000 the rear before. aggregate banking power of the world is estimated at $45,750,300,000. 1 Of the 33 National banks for which receivers were appointed during the year ended October '31, 1908, nine hanks, with aggregate capital of $1,290,000, were restored to solvency and authorized to resume business, while receivers proceeded to liquidate the assets of 24 banks found to be Irre trievably insolvent. The nominal value of assets taken charge of by the re ceivers of these 24 banks was $31,415, 511, liabilities, so far as reported, be ing $19,142,610. Dividends to the amount of $7,774,666 have been paid to creditors of the banks which failed during the year, and the affairs of one such bank having been finally settled, the receivers' powers terminated. Noting the cause of failure of banks placed la charge of receivers during the year. It appears that seven banks were wrecked by the enshier. one by defalcation of officers and three chiefly through fraudulent management. Of the remainder, four, failed from exces sive loans to other banks and deprecia tion of securities, etc.; three by reason of inludlclous bansring: two from ex cessive loans to directors and others, and two from depreciation of securl ties; one from failure of large debtors, and one from general stringency In the money market. CASTRO FRANC E Venezuelan Met at Paulliac by Representative. LANDS AFTER INTERVIEW FINDS DAVIS NOT GUILTY BANK RESOURCES DOUBLED Itcpiirt of Controller of Currency Shows Flattering Conditions. WASHINGTON. Dec. 10. The annual report of Lawrence O. Murray. Con troller of the Currency, has been made pu bile. Combining returns of dates approxi mating July, 1908, it Is shown that re turns were received from 21,346 banks, w th aggregate capital of $1,757,200,000 u.1d aggregate resources of $19,583. 400.000. The 'aggregate Individual de posits are $12,784,500,000. Banks other than National held 65 per cent of Indi vidual deposits in all banks, and 55 per cent of the aggregate resources. Bank resources have more than dou bled since 1900, but during the current year there has been a decrease of about one-third of l.ner cent. The banking power of the United States in 1908. as. represented by capi- " t;il. surplus and other profits, deposits and circulation is shown to be $17,643.- 1 7o5,274. an Increase of $12,492,700,000. c aver 202 per cent since 1S90. The JVRV RETURNS ATSRDICT IN iRfSTIX MCRDFJl CASE. Mrs. Rice Will Not B Prosecuted and Gret Mystery Will Re main FnsoIvexU OMAHA. Dec 10. After 13 hours' de liberation, the Jury in the case of Charles E. Davis, charged with the murder on the morning of September 2 of Dr. Frederick Kustin, this morn ing agreed upon a verdict of not guilty and ordered the discharge of the pris oner. It required 19 ballots to reach 'an agreement. The first ballot stood 11 to 1 for acquittal on the charge of murder in the first degree. The lone juror stood for four ballots on his stand. It Is not believed that any further prosecutions will be undertaken In con nection with the killing of Dr. Rustln unless unexpected evidence should be discovered. County Attorney English, who con ducted the prosecution, was much dis appointed over the verdict. "Will Mrs. Abble Rice be prose cuted? he was asked. "Well, I should say not," replied Mr. Kngllsh. "She will be released. The case which the state made against Davis contempated, if It did not eatab le h, the Innocence of the woman aa to the commission of the murder." Mrs. Rustln, widow of Dr. Frederick Kustin, the dead man. has gone to Haverhill, MasB., to make her home with her parents. BILL KILLS SUBSTITUTES Measure Prohibits I'se of Anything but Hops in Beer. LONDON. Dec 10. It is expected that the bill prohibiting the use of hop sub stitutes in the manufacture of beer. Intro duced. In the House of Commons, will pass and become operative April 1, 1909. The second clause is regarded as strong ly protective, especially against Germany. This prohibits the Importation of hops ex cept in bags distinctly marked with large painted letters, giving the name of the owner, planter or grower, the name of the country wnere produced, the year srronrn and the grosa weight of each bag. Any contravention of this law will rendr the Importer liable to a fine of $100 for each bag. It Is contended" that the conditions un der which hops are grown In Germany, where there is a large number of small producers, will make It unprofitable for the growers to comply with this regula tion. . Breakwater From Ainsworth Dock. Beginning December IS the steamer Breakwater will sail from Ainsworth Dock every Wednesday at I o'clock P. M., for Coos Bay points.. Proceeds to Bordeaux Amid Cheering (fountrynicn, When Confab With Envoy of Foreign Minis- . . tcr PIncbon Ends. 'BORDEAUX. France, Dec. 10. (Special.) President Castro, of Venezuela, landed here today from the steamer Guadalupe and will proceed direct to Berlin. A rep resentative of the Minister of Foreign Affairs went aboard the steamer and had a long talk with Castro before he came ashore. With his sister and the other members of the (tarty. President Castro came up to the city in a private car and took automobiles , to a hotel. Here they were greeted by a number of French merchants who have' trade relations with Venezuela. Professor Israel, of Germany, the medi cai expert who has been awaiting Presl dent Castro's arrival, told The Oregonlan correspondent today shortly before the President landed that the Venezuelan Executive received full particulars at Santander yesterday of the French of ficial attitude toward him. Castro .will not tarry on French soil, although the doctor acknowledges that it had been the President's hope to peas a few days in Paris. Comes With Open Arms. 'Tell everybody I come with open arms." wired Castro from Santander to a prominent member of the local Vene zuelan colony.' The. latter inmiediately repeated this laconic message to friends In Paris, who have been trying to con vince the French Foreign Office that Cas tro Is a sick man. who deserves com miseration more than a mere official es cort to the frontier. Press Says He Rrras Away. While the French public in general con aiders Castro rather plucky to seek the neighborhood of the heads of the Euro pean states whom he has bearded so many times with colossal impertinence, the press attacks him 6harply. It Is de clared that Castro is running away, the proof being that he has deposited In var ious continental banks $15,000,000 and that now, like many another ex-presldent of a South American Republic, he Is coming abroad to save his skin and enjoy his fortune far from the perils at home. The police are watching a third-class passenger on the Guadalupe, whose atti tude toward the Venezuelan President Is considered suspicious. This man Is a Syrian and is one of a group of traders coming from Venezuela. engine got over safely, but the tender went off the track, followed by the bag gagecar and mallear. Their couplings broke and the three day coaches, two sleepers and the observation-car went down the embankment Into a deep snow drift and turned over without breaking a coupling. The hard-packed snow saved the train from destruction. Eight babies on the train were not even scratched. The most seriously injured are; - - Engineer Aaron Remley, Colgate, N. D. ; rills broken. William Pazen, Oshkosh, Wis.; injured Internally. Mrs. H. W. Cullyfore, Seattle, Wash.; leg Injured. Rev. Mr. Lovlolette, Aberdeen, Wash.; back Injured by being pinned by a closed berth. Besides these, many were cut by broken glass and bruised. A Seattle preacher waa thrown out of his berth in his nightshirt into the berth of three women, badly bruising them. The lights on the train were extin guished at once, which added to the con fusion. On the whole the passengers were calm and crawled out Into the snow in all kinds of attire, but soon returned to the cars and finished dressing. A few women fainted. examination by experts of samples of the food will be continued. Caterer Cohenstlll insists that the food stuffs he purchased were of the best, and the dealers from whom he bought upheld the quality of the foods they furnished. waJIh V- E WILIi NOT EXPEL CASTRO French Government Reconsiders At titude Towards Visitor. PARIS, Dec. 10. The French govern ment has reconsidered its attitude toward President Castro. He will not be ex pelled from France, at least at present tAn omcial note. Issued this afternoon. intimates that France will take up ne gotiations with Castro. The note says also it is believed that the Venezuelan President will take advantage of his sojourn In Europe to try to settle the questions pending between his govern ment and the powers. SIX COACHES IN DITCH North Coast Limited Goes Off Track in North Dakota. BISMARCK, N. D., Dec 10. The wreck of the westbound North Coast Limited at Mackenzie, 20 miles east of here, last night, may be considered one of the most fortunate in the annals of railroading. according to railroad men. The train struck a broken rail. The P. M ORG AX INHERITS HIS FATHER'S OPTIMISM. Attributes Success to Confidence in Country's Development Instilled In His Youth. CHICAGO, Dec. 10. "Any man who is a bear on the future of this country will go broke." J. Pierpont Morgan, in a circle of friends and business associates at the Chicago Club yesterday, pointed to this sentiment given to him years ago by his father, as the basis of his business career and the secret of his unfailing optimism In spite of panics and re verses. Mr. Morgan would not talk to reporters yesterday, but his friends, not pledged to secrecy, repeated today the words credited to the financier. The elder Morgan's advice, it la said, was given when father and son were on their way to America, "One thing he said" Mr. Morgan is quoted aa saying, "which I shall always remem ber, was not to discount the future of America. He said: "Remember, my son, that any man who Is Jl bear on the future of this country will go broke. There may be times when .things are dark and cloudy in America, when uncertainty will cause some to distrust and others to think there is too much production, too much building of railroads and too much development In other enterprises. In such times and at all times remem ber that the great growth of that vast country will take care of all." NO SHORE-LEAVE FOR MEN Battleship Fleet Will Not Rendez vous at New York. WASHINGTON, Dec. 10. The 16 battle ships of Admiral Sperry's fleet will not rendezvous at New York for the purpose of giving shore-leave to the men after leaving Hampton Roads, where they are to be reviewed by President Roosevelt on February 22. Instead, the ships will be Inspected at Hampton Roads and will then proceed In divisions to their "home yards." The ships eventually will find their way to the Boston, New York, League Island and Norfolk yards for repairs. and Jewelry pay a small payment at the time of purchase and balance in easy weekly or monthly payments to suit your income or convenience. Eastern Outfitting Co. Washington Tenth WW X, DR. E. M.DALLAS, Optician Has returned from Europe, where he has been Investigating the NEW WIKS BADE METHOD of Eye-testing, which caused so much talk in France and Germany. No extra charge will be made for this wonderful science. In the fitting of lenses. Our prices are very reason- okla nt.i- miithnil la A t I I 1 1 II I.' on1 the ieniei ABSOLUTELY CORRECT, DALLAS OPTICAL PARLORS 218 - 10 Failing; Building. Corner Third and Waahlnarton Streets, Second Floor. We Are Manufacturers of the Famous MADE IN OREGON" TRUNKS Every Trunk Stamped With a "Made in Oregon" Sticker WHY buy Eastern-made TRUNKS, knocked together by pieceworkers and shipped into the city to be sold by clolhiiifr, department, and drug stores? There is no comparison between our "Madc-in-Oregon" Trunks and these cheap Easleru-made Trunks. When you spend your money, be sure you get "Made-in-Oregon" poods. You may get your money back again who knows? THE PORTLAND TRUNK MFG. CO. MAKERS OF HIGH QUALITY BAGGAGE 54 Third, Corner Pine. 107 Sixth St., Near Stark. FIND SOURCE OF POISON State Will Join in Inquiry Into Death of Reynolds. SAN " FRANCISCO. Dec 10. The first special inquiry into the cases of poi soning among: those who partook of the luncheon at Mare Island last Saturday will be the Inquest on the body of James C. Reynolds, the waiter who died yes terday. A special Jury will be em paneled and the health officials will par ticipate In the Inquiry. Meanwhile the PMIHIW." iMiJi J iii.iiiiiww.'!.W : Wi DR. W. A. WISE We can supply you with bridges without plates that will ba perfectly Arm. look well as the natural teeth and chew your food perfectly. THE DR. WISE SVSIKM, perfected during 21 years' active practice in Portland, guarantee you unrivaled re sults la all branches ot the dental pro fession. Plates that fit perfectly and that won't come loose, abaoluteiy palniess extrac tions, scientific porcelain and lnlfey work, all performed by specialists -f standing In the profession. Your work done In. a day If. desired. WISE DEJTTAI, CO., INC. Dr. W. A. Wise, Mgr., 21 years In Fort land. Bocond floor, Calling bids.. Third and Washington streets. Office hours, 8 A- M. to 8 P. M. Sundays, t to 1 P. U. Painloss extracting. 60c; plates. IB up. Phones A end Main 2020. PORTLAND OREGON An Evidence of Esteem The liberal patronage enjoyed by this bank for more than twenty-five years not only accounts for its substantial growth, but it is an evidence of unexcelled service and the absolute safety which it affords depositors. New accounts cordially invited. ASK YOUR DEALER FOR A. ,Santaella & Co., Makers, Tampa The Hart Cigar Co., Distributors 5i V ;--su ' .'m We have several plans of bun galows. Call and see them if you contemplate building a home of your own. We can finance it for you. Plans and specifications at 1 per cent. Building Department. COLUMBIA TRUST COMPANY 714 COUCH BUILDING ' 109 FOURTH STREET 4
